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WebLinkAboutS_Permit_Bond_9824729_U13001069_190502BONDNO.9824729SUBDIVISION/SITEIMPROVEMENTBONDKNOWALLMENBYTHESEPRESENTS,thatwe,asPrincipal,and-TEXAS.asSurely,areheldandfirmlybounduntothe.SOUNDBUILDING&DEVELOPMENTLWCIIRISTELLERIDGE2SUBDIVISIONNOWTHEREFORE.THECONDITIONOFTHISOBLIGATIONISSUCH,that,ifsaidPrincipalshallperlonnandcompletesaidimprovementstosaiddevelopmentinaccordancewithcillhertheplan(s)!specification(sJ/agreemenl,thenthisobligationshallbevoid.otherwiselobeandremaininhillthreeandelThct.THISBONDWILLTERMINATEuponwrittenacceptanceoftheimprovementsbyIheObligeetothePrincipaland/orSurely.Scaledwithoursealsanddatedthis2NDdayofAPRILPRINCIPALSOUNDBUILDING&DEVELOPMENTLLCBy:LEXONINSURANCECOMPANYCITYOFkENTONasObligee,inthesumofTHREEHL’NDREDSIXTHOUSANDEIGHTHUNDREDTHIRTYNINEAND50;tOOS(S306,839.50)Dollarsforthepaymeniofwhich.wellandtrulytohemade,wejointlyandseverallybindourselves,ourexecutors.administrators,successors,andas%igns,ftnnlybythesepresents.WIIEREAS,thePrincipalhasagreedloperformthefollowingimprovements,SITERESTORATIONinIheSubdivisionknownas2019SURETYLEXONINSURANCECOMPANYBy:TFIOMASD.ROSSETTOAltomey-in-Fact I—POWEROFATTORNEY9824729LexonInsuranceCompanyKNOWALLMENBYTHESEPRESENTS,thatLEXONINSURANCECOMPANY,aTexasCorporation,withitsstatutoryhomeofficeinLouisville,Kentucky,doesherebyconstituteandappoint:THOMASD.ROSSEYYOitstrueandlawfulAttorney(s)-In-Facttomake,execute,sealanddeliverfor,andonitsbehalfassurety,anditsactanddeedaSUBDIVISIONBONDunderbondorundertakingnumber9824729issuedonbehalfofSOUND5ULDNO&DEVELOPMENtLLCasprincipalinthepenalsumof$306,839.50ThisauthorityismadeunderandbytheauthorityofaresolutionwhichwaspassedbytheBoardofDirectorsofLEXONINSURANCECOMPANYonthe1stdayofJuly.2003asfollows:Resolved,thatthePresidentoftheCompanyisherebyauthorizedtoappointandempoweranyrepresentativeoftheCompanyorotherpersonorpersonsasAttorney-In-FacttoexecuteonbehalfoftheCompanyanybonds,undertakings,policies,contractsofindemnityorotherwritingsobligatoryinnatureofabondnottoexceed$306,839,50dollars,whichtheCompanymightexecutethroughitsdulyelectedofficers,andaffixthesealoftheCompanythereto.AnysaidexecutionofsuchdocumentsbyanAttorney-In-FactshallbeasbindingupontheCompanyasiftheyhadbeendulyexecutedandacknowledgedbytheregularlyelectedofficersoftheCompany.AnyAttorney-In-Fact,soappointed,mayberemovedforgoodcauseandtheauthoritysograntedmayberevokedasspecifiedinthePowerofAttorney.Resolved,thatthesignatureofthePresidentandthesealoftheCompanymaybeaffixedbyfacsimileonanypowerofattorneygranted,andthesignatureoftheAssistantSecretary,andthesealoftheCompanymaybeaffixedbyfacsimiletoanycertificateofanysuchpowerandanysuchpowerorcertificatebearingsuchfacsimilesignatureandsealshallbevalidandbindingontheCompany.Anysuchpowersoexecutedandsealedandcertificatesoexecutedandsealedshall,withrespecttoanybondofundertakingtowhichitisattached,continuetobevalidandbindingontheCompany.INWITNESSTHEREOF,LEXONINSURANCECOMPANYhascausedthisinstrumenttobesignedbyitsPresident,anditsCorporateSealtobeaffixedthis22nddayofJune,2018.LEXONINSURANCECOMPANYBY_____________________________________BrianBeggsPresidentACKNOWLEDGEMENTOnthis22nddayofJune,2018,beforeme,personallycameBrianBeggstomeknown,whobedulysworn,diddeposeandsaythatheisthePresidentofLEXONINSURANCECOMPANY,thecorporationdescribedinandwhichexecutedtheaboveinstrument:thatheexecutedsaidinstrumentonbehalfofthecorporationbyauthorityofhisofficeundertheBy-lawsofsaidcorporation.:J:-::::::BY_____________________________CERTIFICATEI,theundersigned,AssistantSecretaryofLEXONINSURANCECOMPANY,ATexasInsuranceCompany.DOHEREBYCERTIFYthattheoriginalPowerofAttomeyofwhichtheforgoingisatrueandcorrectcopy,isinfullforceandeffectandhasnotbeenrevokedandtheresolutionsassetfortharenowinforce.SignedandSealatMountJuliet,Tennesseethis2NDDayofAPRIL2019BY________AndrewSmithAssistantSecretary“WARNING:Anypersonwhoknowinglyandwithintenttodefraudanyinsurancecompanyorotherperson,filesandapplicationforinsuranceofclaimcontaininganymateriallyfalseinformation,orconcealsforthepurposeofmisleading,informationconcerninganyfactmaterialthereto,commitsafraudulentinsuranceact,whichisacrimeandsubjectssuchpersontocriminalandcivilpenalties.” FRONTWRBONDINGSERVICE.LL?.Obligec:155NE100thSTREET,SUITE2(11SEATTLE,WA98125Representing:LEXONINSURANCECOMPANYCITYOFRENTON1055S.GRADYWAYRENTON.WA98055-3232RIDERRE:BONDNO:PRINCIPAL:9824729SQQNPBUILDING&DEVELOPMENTLLC21222132NDAVESEKENT.WA98042SUBDIVISION/SITEIMPROVEMENTBONDNothinghereincontainedshallheheldtovaly,waive,alter,orextendanyoftheterms,conditions.igreernents,orwarrantiesoftheabovementionedbond,otherthanstatedbelow.Thisrideristobeattached10andfontapanoftheabovecaptionedbondeffectiveTheRiderisonbehalfofSOUNDBUILDING&DEVELOPMENTLLC04/02/2019andinliivoroftheObligeestatedabove.Inconsiderationofthepremiumcharged.itisunderstoodandagreed.effectivefromabovedate,that:THEBONDAMOUNTiSAMENDEDTOREAD5577,066.60Provided,however,thatthelinhililyofthecompanyundertheattachedbondaschangedbythisordershallnotbecumulative.SignedandSealedonthis11THdayofLEXONINSURANCECOMPANYBy:J’%%/APRIL2019ADDRESS:TYPEOFBOND:BONDAMOUNT:S306,839.50JirvanP.-,AttorneyinFact POWEROFATTORNEYLX-982472)LexonInsuranceCompanyKNOWALLMENBYTHESEPRESENTS,thatLEXONINSURANCECOMPANY,aTexasCorporation,withitsprincipalofficeinLouisville,Kentucky.doesherebyconstituteandappointBivuiiI’.\VckliitstrueandlawfulAttorney(s)-In-Facttomake,execute,sealanddeliverfor,andonitsbehalfassurety,andasitsactanddeedaSUI3DIVISIONSI1EIMPROVEMENTBONDunderbondorundertakingnumber982472’)issuedonbehalfofSOLINE)BUILDING&DEVELOPMENTLLCasprincipalinthepenalsumof$S306.839.50ThisauthorityismadeunderandbytheauthorityofaresolutionwhichwaspassedbytheBoardofDirectorsofLEXONINSURANCECOMPANYonthe1dayofJuly,2003asfollows:Resolved,thatthePresidentoftheCompanyisherebyauthorizedtoappointandempoweranyrepresentativeoftheCompanyorotherpersonorpersonsasAttorney-In-FacttoexecuteonbehalfoftheCompanyanybonds,undertakings,policies,contractsofindemnityorotherwritingsobligatoryinnatureofabondnottoexceed$S306,839.5t)dollars,whichtheCompanymightexecutethroughitsdulyelectedofficers,andaffixthesealoftheCompanythereto.AnysaidexecutionofsuchdocumentsbyanAttorney-In-FactshallbeasbindingupontheCompanyasiftheyhadbeendulyexecutedandacknowledgedbytheregularlyelectedofficersoftheCompany.AnyAttorney-InFact.soappointed.mayberemovedforgoodcauseandtheauthoritysograntedmayberevokedasspecifiedinthePowerofAttorney.Resolved,thatthesignatureofthePresidentandthesealoftheCompanymaybeaffixedbyfacsimileonanypowerofattorneygranted,andthesignatureoftheAssistantSecretary,andthesealoftheCompanymaybeaffixedbyfacsimiletoanycertificateofanysuchpowerandanysuchpowerorcertificatebearingsuchfacsimilesignatureandsealshallbevalidandbindingontheCompany.Anysuchpowersoexecutedandsealedandcertificatesoexecutedandsealedshall,withrespecttoanybondofundertakingtowhichitisattached,continuetobevalidandbindingontheCompany.INWITNESSTHEREOF,LEXONINSURANCECOMPANYhascausedthisinstrumenttobesignedbyitsPresident,anditsCorporateSealtobeaffixedthis5thdayofAugust.2015.LEXONINSURANCECOMPANYBY_DavidE.CampbellPresidentACKNOWLEDGEMENTOnthis5thdayofAugust,2015,beforeme,personallycameDavidE.Campbelltomeknown,whobedulysworn,diddeposeandsaythatheisthePresidentofLEXONINSURANCECOMPANY,thecorporationdescribedinandwhichexecutedtheaboveinstrument;thatheexecutedsaidinstrumentonbehalfofthecorporationbyauthorityofhisofficeundertheBy-lawsofsaidcorporation.BY________CERTIFICATEI,theundersigned,AssistantSecretaryofLEXONINSURANCECOMPANY,ATexasInsuranceCompany,DOHEREBYCERTIFYthattheoriginalPowerofAttorneyofwhichtheforgoingisatrueandcorrectcopy,isinfullforceandeffectandhasnotbeenrevokedandtheresolutionsassetfortharenowinforce.SignedandSealatMountJuliet,Tennesseethis11THDayofAPRIL202019BY_______AndrewSmithAssistantSecretary“WARNING:Anypersonwhoknowinglyandwithintenttodefraudanyinsurancecompanyorotherperson,filesandapplIcationforinsuranceofclaimcontaininganymateriallyfalseinformation,orconcealsforthepurposeofmisleading,informationconcerninganyfactmaterialthereto,commitsafraudulentinsuranceact,whichisacrimeandsubjectssuchpersontocriminalandcIvilpenalties.”